Jerash Holdings (US), Inc. (JRSH) Bundle
When a company like Jerash Holdings (US), Inc. (JRSH) posts a record annual revenue of over $145.8 million in fiscal year 2025, up 24.4% year-over-year, you have to ask: what foundational principles are driving that kind of growth, especially amid global supply chain disruptions? The numbers are clear-a $1.4 million operating income signals operational efficiency-but what about the non-financial core that underpins its strategy?
Does their commitment to social responsibility, like employing 6,000 people and installing solar panels that save 45% in energy costs, truly translate into a competitive edge with global brands like New Balance and VF Corporation? We're going to look past the income statement and analyze the mission, vision, and operational values that defintely guide this apparel manufacturer's next phase of expansion.
Jerash Holdings (US), Inc. (JRSH) Overview
You're looking for a clear picture of Jerash Holdings (US), Inc. (JRSH), an apparel manufacturer that's quietly becoming a key player in the global supply chain, and the quick takeaway is this: the company is leveraging its strategic location in Jordan to capture market share from competitors, driving record revenue for its fiscal year 2025.
Jerash Holdings specializes in manufacturing and exporting custom, ready-made sportswear and outerwear, primarily from knitted fabrics. They operate out of six factory units and four warehouses in Jordan, employing approximately 6,000 people. This setup allows them to produce over 20 million pieces of clothing annually for major global brands like VF Corporation, New Balance, American Eagle, and G-III, which licenses brands like Calvin Klein and Tommy Hilfiger.
The company's strategy is simple: use Jordan's favorable trade agreements-like the free trade agreement with the U.S. which offers tariff advantages-to become the preferred manufacturing alternative outside of Asia. As of November 2025, their most recent full-year revenue for Fiscal Year 2025 (FY2025), which ended March 31, 2025, hit a record high of $145.8 million. That's a solid 24.4% jump year-over-year. You can dive deeper into the company's foundational strategy and structure here: Jerash Holdings (US), Inc. (JRSH): History, Ownership, Mission, How It Works & Makes Money.
Here's the quick math on their reach:
- Full-Year FY2025 Revenue: $145.8 million
- Q2 FY2026 Revenue (most recent): $42.0 million
- U.S. Sales Concentration (Q2 FY2026): 89% of total sales
Financial Performance: Record Revenue and U.S. Market Strength
The company's financial performance in the latest reporting periods shows a clear upward trajectory fueled by U.S. demand. For the full Fiscal Year 2025, Jerash Holdings achieved a record annual revenue of $145.8 million, marking a significant 24.4% increase over the previous year. This growth is a direct result of increased shipments to their major U.S. customers, proving their strategy is defintely working.
Looking at the most recent quarter, Q2 of Fiscal Year 2026 (ended September 30, 2025), the company reported revenue of $42.0 million. The concentration of sales is heavily weighted toward the U.S. market, which accounted for $37.28 million, or 89% of total sales in that quarter. This reliance on the U.S. is a double-edged sword, but right now, it's a huge tailwind due to their preferential trade status.
The company is seeing substantial growth in its main product categories, sportswear and outerwear. A major win came in mid-2025 when they secured a collaboration order for over three million pairs of girls' shorts for a large U.S.-based retail corporation through a new partnership with Hansoll Textile. This order was one of the largest initial orders in Jerash Holdings' history, and it is driving production through the end of calendar year 2025. Gross margin expansion is also a positive sign, improving to 15.3% for the full FY2025 from 14.4% in the prior year, reflecting better economies of scale from higher production volumes.
Jerash Holdings: A Leader in Diversified Apparel Manufacturing
Jerash Holdings is establishing itself as one of the leading companies in the apparel manufacturing industry, particularly for global brands seeking to de-risk their supply chains. The key competitive advantage is Jordan's status as a manufacturing hub, which offers a more stable and cost-effective alternative compared to sourcing solely from Asia, especially with the shifting global tariff environment.
The company is actively expanding to meet this growing demand. In June 2025, Jerash Holdings completed an expansion of its existing facilities, which boosted its production capacity by approximately 15%. This move signals a confident outlook and a commitment to handling larger volumes from a diversifying customer base. While VF Corporation remains the largest customer at 60% of sales, the company is actively attracting new brands and strategic partners, like the one that led to the three million unit order. This diversification is a smart move to mitigate customer concentration risk in the long run. To understand how Jerash Holdings maintains this competitive edge and drives its success, you need to look at the core principles guiding its operations and expansion strategy.
Jerash Holdings (US), Inc. (JRSH) Mission Statement
You want to know what drives a company like Jerash Holdings, and the answer is simple: their mission is to be the trusted, high-quality manufacturing partner for leading global apparel brands. This guiding principle is not just a poster on a wall; it's the operational blueprint that allowed the company to achieve record annual revenue of $145.8 million for the fiscal year 2025.
A mission statement is the foundation of a company's strategy, defining its purpose and informing every capital allocation decision. For Jerash Holdings (JRSH), the mission is implicitly focused on leveraging their strategic location in Jordan-which allows for tariff and quota-free access to the U.S. and EU markets-to deliver superior value to their world-class clients.
Here's the quick math: you can't consistently serve giants like VF Corporation (The North Face, Timberland) and New Balance without a mission centered on precision and reliability. [cite: 10 (from previous step), 2]
If you are looking for a deeper dive into the ownership structure behind this growth, you can check out Exploring Jerash Holdings (US), Inc. (JRSH) Investor Profile: Who's Buying and Why?
Core Component 1: Unwavering Manufacturing Excellence and Quality
The first core pillar of the company's mission is an unwavering commitment to quality. In the apparel world, this means adhering to the exacting standards of the finest global brands, a promise Jerash Holdings keeps even while producing over 20 million pieces annually.
This focus on quality is a key competitive advantage, translating directly to strong client retention and the ability to command better margins. The company consistently adheres to internationally established Accepted Quality Levels (AQLs), which is the standard mechanism for sampling and inspecting finished goods.
You see this commitment in their operational metrics. In the fiscal fourth quarter of 2025 alone, the company's gross margin improved to 17.9%, up significantly from the prior year, a clear sign that operational efficiency and a reputation for quality are paying off. [cite: 3 (from previous step)]
- Deliver custom, ready-made sportswear and outerwear.
- Adhere to Accepted Quality Levels (AQLs) for global brands.
- Utilize state-of-the-art technology with a highly skilled workforce.
Core Component 2: Strategic Growth and Market Diversification
The second essential component is a clear roadmap for strategic growth and market diversification. Jerash Holdings is not content to stand still; they are actively building capacity to meet growing demand and mitigate customer concentration risk. This is a realist's approach to expansion.
The company's strategy involves two clear actions: utilizing its existing strong infrastructure and reputation to explore new global markets, and pursuing strategic acquisition opportunities. This plan is already in motion.
To support this, Jerash Holdings completed a facility expansion in June 2025, which is expected to increase its production capacity by 15%. This added capacity is defintely necessary, as the factories were reportedly fully booked through December 2025. [cite: 3 (from previous step), 4 (from previous step)] The goal is simple: enhance gross profit margins by leveraging economies of scale as order volumes grow. [cite: 2 (from previous step)]
Core Component 3: Ethical and Social Compliance (Workforce)
The third pillar, which is increasingly critical for global brands, is a deep commitment to social and ethical compliance. Operating in Jordan, the company employs a diverse workforce of approximately 6,000 people, including local Jordanian workers and workers from countries like Bangladesh, Sri Lanka, and Nepal.
This isn't just a feel-good measure; it's a non-negotiable business requirement for the major U.S. and European brands they serve. Jerash Holdings holds multiple international certifications for labor, social, and ethical compliance, ensuring a stable and reliable manufacturing base.
The company's investment in its people is a long-term play. They have been featured by the World Bank for their ongoing commitment, and they continue to invest in their facilities, including the construction of a new, high-quality dormitory.
The next concrete step for you is to: Finance: Analyze the impact of the 15% capacity increase on FY2026 revenue projections by end of next quarter.
Jerash Holdings (US), Inc. (JRSH) Vision Statement
You're looking past the quarterly noise to understand the long-term strategy of Jerash Holdings (US), Inc. (JRSH), and that means mapping their vision to concrete actions and financial results. The company doesn't use a single, flowery vision statement, but their strategic moves and CEO commentary point to a clear, three-part vision: to be the premier, diversified, and ethically-driven apparel manufacturing hub outside of Asia.
This vision is grounded in Jordan's competitive advantages, which is why they are attracting major global brands like VF Corporation and New Balance. It's a trend-aware, realist vision that directly addresses the global supply chain shifts we've seen accelerate since 2020. Here's the quick math: record annual revenue of $145.8 million in fiscal 2025, up 24.4 percent year-over-year, shows this strategy is already paying off.
Global Supply Chain Diversification and Expansion
Jerash Holdings' primary vision component is cementing Jordan as a critical, stable alternative for global apparel sourcing. They are actively positioning themselves as the go-to partner for brands looking to de-risk their heavy reliance on Asia, particularly amid ongoing tariff uncertainty and geopolitical shifts.
The company is focused on a long-term expansion plan to meet increasing demand, which includes evaluating potential acquisitions and developing their own land to boost capacity. This isn't just organic growth; it's a strategic land grab. The factories are already fully booked through December 2025, which tells you everything about current demand.
- Diversify customer base beyond Asia.
- Increase production capacity by acquiring or building.
- Leverage Jordan's competitive trade advantages.
Operational and Financial Excellence
The second pillar of their vision is to translate this increased order volume into better financial performance through operational efficiency and higher-margin work. For fiscal 2025, the gross margin improved to 15.3 percent from 14.4 percent in the prior year, a clear sign of this focus.
A key action here is moving toward Free-On-Board (FOB) delivery, which means they manage the entire production process up to the port, securing standard margins instead of the lower margins from traditional contract manufacturing. The recent major order for over three million pairs of girls' shorts for a large U.S. retailer, secured through a collaboration with Hansoll Textile, is a perfect example of this higher-value strategic partnership. They are also investing in automation to sustain their competitive edge and enhance gross profit margins as order volumes grow.
Ethical and Sustainable Manufacturing (Core Values)
Honesty, the third part of the vision-what they call their core values-is about social and environmental stewardship, which is defintely a non-negotiable for their major US and European customers. Jerash Holdings understands that ethical production is a prerequisite for long-term contracts, not just a marketing add-on. They employ approximately 6,000 people and their commitment to the community is a huge part of their operating model.
Their actions here are concrete and measurable, not just vague promises:
- Social Impact: Created 600 jobs for rural female workers in high-unemployment areas.
- Labor Standards: Partnered with the Jordanian government to hire Syrian refugees with equal pay, a first for a manufacturer in the region.
- Environmental: Installed solar at all facilities, saving an estimated 45% in energy usage and costs.
This focus reduces risk for their brand partners and secures their place in the supply chain. For a deeper dive on how this model works, you should check out Jerash Holdings (US), Inc. (JRSH): History, Ownership, Mission, How It Works & Makes Money.
Jerash Holdings (US), Inc. (JRSH) Core Values
You're looking for the bedrock principles that guide Jerash Holdings (US), Inc. (JRSH), especially as the company navigates a volatile global supply chain. My analysis, based on two decades in finance, shows that while a formal mission statement is important, the real measure of a company is where it puts its capital and operational focus. For Jerash Holdings, those priorities are clear: a deep commitment to social responsibility, a pragmatic push for environmental sustainability, and a relentless focus on operational excellence to drive growth.
The company's actions-like achieving a record high revenue of $145.8 million for the full fiscal year 2025, a 24.4 percent increase from the prior year-show these values aren't just words; they are the engine of their financial performance.
Employee Welfare & Social Impact
Jerash Holdings operates on the principle that taking care of its approximately 6,000 employees is the top priority, a belief that directly impacts their ability to maintain high-quality manufacturing for global brands. This focus on social responsibility is particularly critical in the garment manufacturing industry, where labor practices are under constant scrutiny. They understand that a stable, supported workforce means better output and fewer supply chain headaches for their customers.
Their commitment is defintely concrete, not abstract. For example, they've built a high-quality, green dormitory for their multinational workforce and operate two child daycare centers on-site, which helps parents-especially women-stay employed. They also created the Al Hasa program, which created 600 jobs for rural female workers in an area with an 85 percent unemployment rate. Here's the quick math: a stable workforce reduces turnover, which in turn protects the gross margin, which improved to 15.3 percent for fiscal 2025.
- Hired Syrian refugees with equal pay, a first for a manufacturer in Jordan.
- Promoted a Women Empowering Program for advancement opportunities.
- Actively participate in Better Work Jordan, a program by the International Labor Organization (ILO).
If you want to dive deeper into how this social stability impacts their balance sheet, check out Breaking Down Jerash Holdings (US), Inc. (JRSH) Financial Health: Key Insights for Investors.
Environmental Stewardship
The company's second core value, environmental stewardship, is a pragmatic response to both global brand requirements and the need for cost-efficiency. Being a trend-aware realist means recognizing that Environmental, Social, and Governance (ESG) performance is now a non-negotiable part of securing large contracts. Jerash Holdings has made substantial capital investments to secure this competitive edge.
They are committed to continuously improving sustainability and reducing their environmental impact. The most significant action is the installation of solar panels across their facilities, which is projected to save an impressive 45 percent in energy usage and costs. That's a direct operational saving that bolsters their bottom line, especially important when you're managing a net loss of only $144,000 for the full fiscal year 2025.
- Installed LED lighting and converted heating systems to natural gas from diesel.
- Use high-quality, environmentally friendly inks in their screen printing process.
- Feature solar panels and use recycled water for exterior landscaping at the new dormitory.
Investing in solar power is just good business sense right now.
Operational Excellence & Quality
The third core value is the relentless pursuit of operational excellence and quality, which is the foundation of their strong relationship with major customers like VF Corporation (The North Face, Timberland) and New Balance. Their reputation is built on being a renowned manufacturer of complex styles and high-value garments, not just basic apparel.
The company is actively executing a growth roadmap to meet increasing demand. They completed a manufacturing facility expansion in late June 2025, which is expected to increase production capacity by approximately 15 percent starting in the second quarter of fiscal 2026. This expansion is a direct, clear action to support their projected growth, which includes Q2 fiscal 2026 revenue of $42.0 million and a projected Q3 fiscal 2026 revenue increase of 19 to 21 percent over the prior year quarter.
- Factories are fully booked through December 2025, demonstrating demand.
- Customer concentration risk is decreasing: VF Corporation's sales contribution is expected to drop to 54 percent in the current fiscal year, down from over 80 percent in 2019.
- Secured a major new order from a U.S.-based retail corporation through a strategic collaboration with Hansoll Textile.
They are also strategically exploring acquisitions and facility development on their own land to sustain their competitive edge. This is a smart move to diversify risk and capitalize on Jordan's preferential trade status, which allows for sales into the U.S. and EU without tariff or quota restrictions.

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